Robson,
I read your posts with interest, but I remain curious about one thing. At Kvanefjeld, first ore will probably go to the mill late 2016 if all goes well.
I defy anybody to have an accurate idea of where prices for the three main products will be in 2016. So what it comes down to is best guesses, and faith in the future of humankind.
On this basis, a country with a long term view and plan, most likely to be an Asian one, is one which is most likely to see the potential and grasp it.
So my point is this: your position is obviously a cautious one, and while this can be a strength, are you not erring by applying short term thinking to a longer term situation, and if you were in a position to facilitate financing for Kvanefjeld, and you declined because of this short-term approach, might you have missed a golden opportunity?
Regards,
23
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